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If you borrow $1,000 for 4 years at an annual interest rate of 8% what is the total amount of money you will pay back

If you borrow $1,000 for 4 years at an annual interest rate of 8% what is the total amount of money you will pay back
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if you borrow $1,000 for 4 years at an annual interest rate of 8% what is the total amount of money you will pay back

User Curob
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1 Answer

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1000 - (1000 x (8% x 4 years) )
User Edward Dale
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